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Microcap & Penny Stocks : PCBM - MASSIVE EXPANSION IN A 2 BILLION DOLLAR INDUSTRY -- Ignore unavailable to you. Want to Upgrade?


To: rick f who wrote (510)3/9/1999 3:55:00 PM
From: Daniel Mardorf  Read Replies (1) | Respond to of 2406
 
I finally got a copy of the newsletter PCBM was in:

The whole letter posted below. PCBM portion of the letter:

<<PCBM:OTC BB
PCBM came out with news on Friday which was enough to push it up +29% to
close it at .40. We are watching for further developments this week.>>

This tells me news WILL be coming....why else would they say further developments? Hang it there....

========================== GMT Newsletter ==========================
====================================================================

_________________________________________________________________

It looks like CNBC will be dusting off their DOW 10,000 special soon, I
believe the last two trading days set the new record for a 2 day point gain
(460 points):

WALL ST WEEK AHEAD/Dow has 10,000 back in sights
By Richard Melville

NEW YORK, March 7 (Reuters) - The U.S. stock market, frozen in place for
nearly two months, has blazed back into record terrain, leaving the Dow
Jones Industrial average poised to surpass the 10,000-point mark, a major
if so far elusive milestone.

Last week's market thaw, fueled by new data that showed U.S. job growth is
not accelerating in an inflationary fashion despite surprisingly robust
growth in the overall economy.

The news quelled fears of an interest rate hike by the Federal Reserve, and
powered the Dow Jones industrial average back into record terrain with its
strongest two-day gain since October, when Fed Chairman Alan Greenspan
surprised financial markets with a rate cut.

The Dow closed the week at a record high 9,736.08, surging a combined 460
points on Thursday and Friday...

''Its the Goldilocks economy, jobs grew just enough to keep the market's
momentum going but not enough to spark fears that the Fed would raise
interest rates,'' said Bryan Piskorowski, market strategist at Prudential
Securities.

The growth scenario led Morgan Stanley Dean Witter U.S. strategist Peter
Canelo to counsel shifting funds out of bonds and into stocks.

''As bond yields settle down, we expect stocks to reach for our upside
targets of 1,350 on the Standard & Poor's 500 and 10,000 or higher on the
Dow industrials,'' Canelo wrote in a note to clients explaining his shift.

Canelo's model balanced portfolio is now 70 percent stocks, 15 percent
bonds and 15 percent cash versus 65 percent stocks, 20 percent bonds and 15
percent cash prior to the move.
_________________________________________________________

DELL:NASDAQ
DELL had a great pre split run, tacking on +5% to close at $86.06.
DELL is split 2-1 this week, so dont get a fright seeing it at $43.

NITE:NASDAQ
NITE mentioned in last weeks letter at $34 closed at $40, thats +16% for
the week. BancBoston Robertson Stephens helped it along : "We are
reiterating our Buy rating on Knight/Trimark and establishing a six-12
month price target of $75"

ATHM:NASDAQ
At Home Corporation will become a component of the Nasdaq-100 Index,
effective at the close of trading Tuesday, March 9, 1999. ATHM closed the
week at $117.75.
__________________________________________________PCBM:OTC BB
PCBM came out with news on Friday which was enough to push it up +29% to
close it at .40. We are watching for further developments this week.
_______
Small caps

YARC:OTC BB
Yarc Systems had an excellent run this week, +50% since last weeks feature.
Our thanks to David R. for bringing it to our attention.
_________________________________________________________

Have a profitable week!
Don and Gil

_____________________________________________

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________________________